Newark Electrical Joint Apprenticeship And Training Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 349,253 | 200,074 | 149,179 | 42.9 | 25% |
| 2012 | 243,986 | 168,644 | 75,342 | 56.3 | 29% |
| 2013 | 251,988 | 232,683 | 19,305 | 41.8 | 31% |
| 2014 | 312,392 | 265,375 | 47,017 | 38.7 | 29% |
| 2015 | 350,828 | 252,639 | 98,189 | 45.4 | 28% |
| 2016 | 411,739 | 336,379 | 75,360 | 36.8 | 34% |
| 2017 | 417,207 | 315,482 | 101,725 | 43.1 | 37% |
| 2018 | 670,429 | 464,925 | 205,504 | 33.8 | 30% |
| 2019 | 876,017 | 614,775 | 261,242 | 30.7 | 27% |
| 2020 | 949,107 | 579,450 | 369,657 | 43.6 | 25% |
| 2021 | 1,267,914 | 722,188 | 545,726 | 43.6 | 26% |
| 2022 | 1,664,746 | 1,359,291 | 305,455 | 25.3 | 26% |
| 2023 | 1,502,585 | 1,672,945 | −170,360 | 19.5 | 34% |
In its most recent public year (2023), this organization spent $170,360 more than it brought in. Its reserves stood at about 19.5 months of spending, down from 42.9 in 2011. Staff pay was 34% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Newark Electrical Joint Apprenticeship And Training Trust's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works